Last updated: 2025 BLS data · Page refreshed:
What does a Loan Officers salary really buy you in Massachusetts?
Massachusetts is 9.4% pricier than the US averageData: BLS OEWS 2025 + BEA Regional Price Parities 2022 • Updated 2026-05-19
Massachusetts's Regional Price Parity (RPP) is 109.4, meaning prices are 9.4% higher the national average. A Loan Officers earning $101,600 in Massachusetts has the equivalent purchasing power of $92,870 in an average-cost US state.
Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for Massachusetts's cost of living.
| Percentile | Nominal Salary | COL-Adjusted | Difference |
|---|---|---|---|
| 10th Percentile (P10) | $64,680 | $59,122 | $-5,557 |
| 25th Percentile (P25) | $79,760 | $72,906 | $-6,853 |
| Median (P50) | $101,600 | $92,870 | $-8,729 |
| 75th Percentile (P75) | $136,940 | $125,173 | $-11,766 |
| 90th Percentile (P90) | $198,220 | $181,188 | $-17,031 |
While $101,600 sounds high, Massachusetts's elevated cost of living erases 9% of that salary's purchasing power. Your real buying power is $92,870. Consider whether the higher pay offsets the higher costs.
Massachusetts's RPP of 109.4 puts it 9.4% above the national baseline cost of living. A Loan Officers needs that premium in nominal pay just to maintain the same purchasing power as an average-cost state.
After applying Massachusetts's RPP, the $101,600 median salary translates to $92,870 in real terms — a 8.6% loss. That difference can cover several months of expenses over a year for a Loan Officers.
Ranked on COL-adjusted median pay for Loan Officers, Massachusetts places #5 of 51 states — top quartile. Either nominal wages run high, cost of living runs low, or both.
Where does Loan Officers salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.
Massachusetts ranks #5 out of 51 states for Loan Officers after cost-of-living adjustment.
How much do you actually take home? See Loan Officers take-home pay in Massachusetts after taxes →
A Loan Officers in Massachusetts earns a median salary of $101,600 per year. After adjusting for Massachusetts's cost of living (RPP=109.4), the real purchasing power is $92,870 — a -8.6% difference.
Massachusetts's cost of living is 9.4% higher than the national average according to the BEA Regional Price Parities (2022). The RPP index for Massachusetts is 109.4 (US average = 100).
Regional Price Parities (RPPs) are price indexes published by the U.S. Bureau of Economic Analysis (BEA) that measure differences in price levels across states. They are expressed as a percentage of the national average (US = 100). Higher RPP means higher cost of living.
The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a Loan Officers in Massachusetts: $101,600 x (100 / 109.4) = $92,870. This represents what the salary would be worth in a state with average living costs.
Partially — a Loan Officers's nominal salary of $101,600 in Massachusetts has 8.6% less purchasing power due to higher living costs. The real value is $92,870. However, Massachusetts may offer better career opportunities, networking, and industry access.
Some links are affiliate links. See our disclosure.